Announced
Financials
Sources
Tags
financial services
Diversified Financials
banking
United Kingdom
Friendly
Pending
Acquisition
Single Bidder
Minority
Domestic
Private
Synopsis
Supermarket Income REIT, a London-based real estate investment trust, agreed to acquire an additional 25% stake in reversion portfolio of J Sainsbury, a United Kingdom-based merchandise retailer company, for $211m. Beneficial ownership of the five remaining stores is split between both companies using the same ratio as the beneficial interests.
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